What Does NAV Measure

question 16

Multiple Choice

What does NAV measure?

• A)The total value of all the assets in the mutual fund minus cost,divided by the number of shares outstanding
• B)The total value of all assets divided by cost over the number of shares outstanding
• C)The total costs over shares multiplied by the value of assets
• D)The net of all assets in the mutual fund minus cost

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Definitions:

Normal Value

An import valuation standard that refers to the price of goods in the domestic market of the exporting country.

World Trade Organization

An international organization that regulates and facilitates global trade between nations.

Antidumping Code

A set of international regulations designed to prevent dumping, which is the practice of exporting goods at a price lower than their normal value, often with the intent of driving out competition.

MIGA

The Multilateral Investment Guarantee Agency, an international organization that offers political risk insurance and credit enhancement to investors and lenders.